Fund investors send biggest inflows to bonds since 2013 while U.S. stocks rally

Fund investors began the new
year by pulling $13.1 billion out of mutual funds and
exchange-traded funds that hold U.S. stocks over the first full
week of 2020, the largest pullback from the domestic stock
market since September, according to data released Wednesday by
the Investment Company Institute.
At the same time, investors sent approximately $24.7 billion
into funds that hold taxable or municipal debt, the largest
single-week infl